ENCE Energía y Celulosa, S.A. (BME:ENC)
Spain · Delayed Price · Currency is EUR 2.560
+0.032 (1.27%)
Aug 27, 2026, 5:35 PM CET
ENCE Energía y Celulosa Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -64.65 | -54.46 | 31.55 | -24.72 | 247.22 | -190.41 |
Depreciation & Amortization | 82.84 | 87.24 | 97.41 | 98.74 | 95.68 | 90.53 |
Other Amortization | 4.4 | 2.88 | 3.11 | 3.15 | 2.68 | 2.93 |
Asset Writedown & Restructuring Costs | 0.21 | 0.91 | 0.18 | -7.62 | -144 | 193.5 |
Loss (Gain) From Sale of Investments | 6.7 | 6.7 | -0.36 | - | - | - |
Other Operating Activities | -4.15 | 10.56 | 12.75 | -37.57 | 34.55 | 78.3 |
Change in Accounts Receivable | 16.56 | 27.12 | -32.79 | 20.41 | 20.53 | -49.41 |
Change in Inventory | -12.92 | -10.38 | -29.39 | 25.34 | -34.57 | -13.52 |
Change in Accounts Payable | -17.9 | -20.3 | -3.87 | -125.62 | 79.26 | 27 |
Change in Other Net Operating Assets | - | - | - | 1.76 | 2.34 | 2.38 |
Operating Cash Flow | 11.09 | 50.28 | 78.6 | -46.13 | 303.68 | 141.29 |
Operating Cash Flow Growth | -86.94% | -36.03% | - | - | 114.93% | 126.59% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -124.99 | -92.58 | -70.89 | -89.8 | -51.81 | -68.28 |
Sale of Property, Plant & Equipment | 0.16 | 0.16 | - | - | 0 | 0.41 |
Cash Acquisitions | -0 | -0 | -17.44 | - | - | - |
Divestitures | - | - | - | - | 0.4 | - |
Sale (Purchase) of Intangibles | -5.25 | -5.84 | -5.97 | -5.93 | -3.06 | -2.71 |
Investment in Securities | 2.42 | 11.38 | -10.55 | -0.29 | 0.56 | 5.22 |
Investing Cash Flow | -127.66 | -86.89 | -104.85 | -96.03 | -53.9 | -65.35 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 13.13 | 59.78 | 237.77 | - | - |
Long-Term Debt Repaid | - | -20.63 | -68.63 | -37.3 | -151.59 | -203.27 |
Net Debt Issued (Repaid) | 4.57 | -7.5 | -8.84 | 200.47 | -151.59 | -203.27 |
Issuance of Common Stock | 16.41 | 22.34 | 28.68 | 50.77 | 47.76 | 52.99 |
Repurchase of Common Stock | -17.21 | -23.53 | -27.74 | -50.57 | -47.63 | -54.93 |
Common Dividends Paid | - | - | -33.97 | -140.61 | -66.59 | - |
Other Financing Activities | 9.27 | 8.81 | -0.97 | 2.22 | 1.22 | -13.39 |
Financing Cash Flow | 13.04 | 0.12 | -42.84 | 62.27 | -216.83 | -218.6 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -103.53 | -36.49 | -69.09 | -79.88 | 32.95 | -142.66 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -113.9 | -42.31 | 7.71 | -135.93 | 251.87 | 73.02 |
Free Cash Flow Growth | - | - | - | - | 244.94% | - |
Free Cash Flow Margin | -15.55% | -5.57% | 0.87% | -16.16% | 24.95% | 8.86% |
Free Cash Flow Per Share | -0.47 | -0.17 | 0.03 | -0.56 | 0.96 | 0.30 |
Levered Free Cash Flow | -112.7 | 1.49 | -29.87 | -94.35 | 218.8 | -72.57 |
Unlevered Free Cash Flow | -87.76 | 28.72 | -4.07 | -72.33 | 235.26 | -55.79 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | - | -3.61 | -3.12 | 6.64 | 22.57 | 8.16 |
Change in Working Capital | -14.26 | -3.55 | -66.05 | -78.11 | 67.55 | -33.55 |